Advice on Credit card balance transfers

I have a store card with a high interest rate I applied for a 0% Barclays card so that I could transfer the debt £2000. I was accepted and given the card but they wouldn't let me transfer the balance as it was a Santander balance. Does anyone know the reason for this? and if I was to apply for a different card would I be told the same from other companies?

Many Thanks

Comments

  • fozmcfc
    fozmcfc Posts: 3,098 Forumite
    Part of the Furniture Combo Breaker PPI Party Pooper Debt-free and Proud!
    Few things, but I guess only Barclaycard can give you a definate answer.

    1/ Which card did you get?

    2/ Can you can definately transfer from a storecard to a Barclaycard? Sorry I don't know, hopefully someone else will.

    3/ Are you trying to transfer more than 90% of your limit?

    4/ They can of course just refuse as per their T&C's.
  • Tixy
    Tixy Posts: 31,455 Forumite
    Not heard of that happening before.
    Usually its only that you cannot move debt from one card to another by the same bank so say from a debenhams santander card to a santander credit card.
    Did you try to do the transfer by phone? Is there an online option for BTs? I wonder if it might go through if you did it online?
    Aside from that I suppose all you can do is ask whether there are any restrictions on BTs at the time of application if you did apply for another card.
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • fozmcfc
    fozmcfc Posts: 3,098 Forumite
    Part of the Furniture Combo Breaker PPI Party Pooper Debt-free and Proud!
    One thing I forgot to say as well, you only have a certain amount of time after getting the card to do transfers.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.1K Banking & Borrowing
  • 252.8K Reduce Debt & Boost Income
  • 453.1K Spending & Discounts
  • 243K Work, Benefits & Business
  • 597.4K Mortgages, Homes & Bills
  • 176.5K Life & Family
  • 256K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.